We are very excited to let you know that you can now import your clients' financial data from Xero (Over 700,000 Australian small businesses use Xero). TaxFitness subscribers can: Sync Xero clients and client groups with TaxFitness. Import Xero client financials for group members. Tax planning is now easier than ever for our subscribers. Follow our step-by-step Financials…
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Australian tax planning software company TaxFitness now brings professional tax planning reports to Xero accountants in Australia. TaxFitness has today announced an integration with global small business platform, Xero. Accountants can securely sync Xero with TaxFitness and utilise over 200 up-to-date tax planning strategies to produce professional tax planning reports for their clients. Compliance fees…
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Xero integration is coming to TaxFitness! Soon you will be able to import data from Xero directly into the TaxFitness software.
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You don't have time to market your services to your clients and contact list. Our automated client newsletter does all the hard work for you: We write the content. We send the campaigns. Just sit back and watch the phone ring! Here are 5 ways to use our automated newsletter: Fully automated – Simply sign up your…
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Our new WealthGenerator Report increases profitability, value & saleability by analysing a businesses current performance and providing solutions and options to optimise results. Who can benefit Business owners who want a more profitable and valuable business and have the discipline to make the changes required to optimise results. Trial our WealthGenerator Report now!
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Tax incentives for taxpayers: Personal income tax rates reduced. The personal income tax rates that were to apply from 1st July 2022 are brought forward to 1st July 2020. These changes involve: Increasing the upper threshold of the 19% personal income tax bracket from $37,000 to $45,000, and Increasing the upper threshold of the 32.5%…
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The Government’s $17.6 billion economic stimulus package has the following key tax measures: Boost cash flow for employers by up to $25,000 with a minimum payment of $2,000. Businesses that employ staff between 1st January 2020 and 30th June 2020 will receive payments of 50% of their Business Activity Statements or Instalment Activity Statement PAYG…
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The 10% of practices that currently provide tax planning services to their clients generate annual fees revenue of $284m. This book has been written for the 28,968 accounting practices in Australia (the 90%) that aren’t currently providing tax planning services to their clients. The first part of the book talks about why your clients need…
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August Release Highlights: Improved usability A new menu layout and design which makes the software easier to use and reduces the number of steps involved in each process. 3-minute business tax planning Simply select the business type, and the software automatically selects up to 10 tax strategies that apply to that specific type of…
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Our Taxfitness tax strategy database now boasts 250 tax strategies to help your clients structure their affairs to legally reduce their tax liability and make savings. The database explains how 250 different tax strategies actually work (i.e. what the tax strategy is, when to use the strategy, average tax deductions created by the strategy, and the strategy…
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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2